Emerald Financial Advisors

Life Insurance

How Much Life Insurance Do You Need?

Providing for your family in the event of your death is a fundamental of risk management. And life insurance benefits that replace your income may be one of the best ways to meet your family’s ongoing financial needs. This calculator is designed to help you estimate the amount of life insurance you would need to produce a sufficient income stream for your family.

Ensuring that your family can maintain its current lifestyle in your absence is
the purpose of life insurance. The figure below shows the life insurance benefit
you would need to provide the income stream you specified for the desired number of years.

Your Results

Current income before taxes

$0

Number of years income is needed

0

Based on the above assumptions, you need the following amount of life insurance:

$0

The information provided is not specific insurance advice, a guarantee of coverage, or a recommendation. The Life Insurance Calculator is a tool that can help you estimate your life insurance needs. The cost and availability of life insurance depend on factors such as age, health, and the type and amount of insurance. As with most financial decisions, there are expenses associated with the purchase of life insurance. Please consult your insurance professional to determine the coverage appropriate to your individual situation.

How will the income stream from your life insurance benefit be paid out? What will
the balance be year after year? The chart below shows the initial value of a life
insurance benefit, how the account balance would fluctuate year by year, and when
the benefit would be exhausted. Adjust your answers below and recalculate to see
how the new numbers will affect your life insurance benefit.

Year by Year Benefit Value

This hypothetical example is used for illustrative purposes only. Actual results will vary.

The information in this calculator is not intended as tax or legal advice, and it
may not be relied on for the purpose of avoiding any federal tax penalties. You
are encouraged to seek tax or legal advice from an independent professional advisor.
The content is derived from sources believed to be accurate. Neither the information
presented nor any opinion expressed constitutes a solicitation for the purchase
or sale of any security.

Securities and investment advisory services offered through SagePoint Financial, Inc. (SPF), member FINRA/SIPC. SPF is separately owned and other entities and/or marketing names, products or services referenced here are independent of SPF. SPF does not provide tax or legal advice.

This communication is strictly intended for individuals residing in the states of FL, GA, IN, OH, and SC. No offers may be made or accepted from any resident outside the specific state(s) referenced.

PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this web site. We make no representation as to the completeness or accuracy of information provided at these web sites.